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Accounting

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View vour report to see MOW WEL See the Rep 8) A report showing estimates of what revenues and costs should have been, given the actual level of activity for a period is a: A) Planning budget B) Flexible budget C) Master budget D) Statement of cash flows 9) The statement of cash flows measures: A) The company's cash inflows and cash outflows during a period B) The company's revenues during a period C) The company's variable and fixed costs during a period D) The company's sales flow during a period 10) In order to be relevant, financial ratios usually need to be compared to: A) Prior years' ratios for the same company B) Ratios for competing companies C) Ratios for the industry as a whole D) All of the above could be true ulu unge less than expected

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